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Ali
Ali is a 27 year old, married Iraqi man. Ali is studying agricultural engineering. When he got married six months ago, he opened a small shop to generate income to cover his college and personal expenses.

Ali will use this loan to renovate his workplace and buy more goods. He aims to grow his business and increase his profits so that he may be able to provide a good life for his family and finish his education.

The story of Ali and his business is just one of the many examples of Izdiharona for Economic Development clients .

Additional Information

More information about this loan

This loan is helping support a borrower who is 30 or under. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources

About Izdiharona for Economic Development

Izdiharona for Economic Development (Izdiharona) is a nonprofit organization in Iraq that provides financial assistance to small and medium enterprises in need of capital so they can develop their businesses and train their staff. Founded in 2008, it currently operates ten branch offices throughout Iraq in the provinces of Baghdad, Babil, Basra, Karbala, Messan, Sulaymaniyah and more. Kiva lenders’ funds are used to provide education, startup, green, and youth loans, as well as interest free loans to the ultra poor and loans that support income generating projects for women.

Tags

About Iraq

  • $3,600
    Average annual income
  • 0
    View loans »
    Iraq Loans Fundraising
  • $9,309,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,800 helped Ali to renovate his workplace and buy more goods.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 25, 2013
Listed
Oct 20, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2014